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Pure Acquisition (Pure Acquisition) Accounts Receivable : $0.00 Mil (As of Jun. 2020)


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What is Pure Acquisition Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pure Acquisition's accounts receivables for the quarter that ended in Jun. 2020 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pure Acquisition's Net-Net Working Capital per share for the quarter that ended in Jun. 2020 was $-0.81.


Pure Acquisition Accounts Receivable Historical Data

The historical data trend for Pure Acquisition's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Pure Acquisition Accounts Receivable Chart

Pure Acquisition Annual Data
Trend Dec17 Dec18 Dec19
Accounts Receivable
- - -

Pure Acquisition Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Pure Acquisition Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Pure Acquisition Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Pure Acquisition's Days Sales Outstanding for the quarter that ended in Jun. 2020 is calculated as:

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Pure Acquisition's accounts receivable are only considered to be worth 75% of book value:

Pure Acquisition's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2020 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.026+0.75 * 0+0.5 * 0-12.512
-0-0)/15.3626
=-0.81

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Pure Acquisition Accounts Receivable Related Terms

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Pure Acquisition (Pure Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
421 West 3rd Street, Suite 1000, Fort Worth, TX, USA, 76102
Website
Pure Acquisition Corp is a blank check company. The firm intends to focus its search for a target business in the energy industry, including the upstream oil and gas industry in North America.